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CommentWire
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With the signing of the gas pipeline agreement between Iran and Pakistan, India must now decide whether or not to pursue the proposed Iran-Pakistan-India pipeline. India has already voiced a great deal of skepticism over the viability of the proposal, and alternative sources such as domestic gas production or nuclear energy could both prove to be more reliable and cost-effective solutions.
Published By Datamonitor
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09 Jun 2010 |
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CommentWire
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In a new report assessing the progress made toward the deployment of carbon capture and storage, the IEA has acknowledged that the technology is still a long way from being commercially viable and making any contribution to power generation on a useful scale. In this light, government subsidies of research into the technology appear an unjustifiable, politically driven market distortion.
Published By Datamonitor
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22 Jun 2010 |
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Expert View
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The global drive to improve the environmental profile of energy production continues, and the UAE has the potential to be a leader in this area, partly due to its natural geographical advantages. While no immediate changes can be expected, it is likely that nuclear and renewable power will play a significantly greater role in the federation's energy production activities over the longer term.
Published By Datamonitor
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25 Jun 2010 |
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Expert View
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A growing number of eco-awards are being won by process heat recovery systems. The Aqua-Society, for example, won the 2010 German Sustainability Award for its production of electricity from low-pressure waste steam at temperatures as low as 70 degrees Celsius. While such capabilities could help popularize the technology, it remains to be seen whether it can match the success of wind and solar.
Published By Datamonitor
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30 Jun 2010 |
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Expert View
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The financial crisis has highlighted the fragility of banking business models which are based on high levels of risk and low reserves. In the aftermath of the crisis, many banks are aiming to demonstrate that sustainability is making its way onto their agendas. However, there is currently little evidence that this is indeed the case.
Published By Datamonitor
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05 Jul 2010 |
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CommentWire
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The planned merger between Acergy and Subsea 7, like the similar deal agreed by Schlumberger and Smith International earlier this year, illustrates the new environment in the oil and gas services market. With firms looking to become stronger so that they can overcome costs and complexity challenges, consolidation is likely to emerge as a popular strategy.
Published By Datamonitor
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06 Jul 2010 |
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CommentWire
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The EU, which has missed its 2010 renewable energy target by 75%, is turning towards North Africa for sustainable energy sources. The DESERTEC project, a E400 billion scheme to fund the construction of solar panels in the Saharan desert, is expected to contribute 15% of total EU power demand by 2050. If the project succeeds, the global approach to the supply of energy may be reconsidered.
Published By Datamonitor
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07 Jul 2010 |
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CommentWire
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Headquartered in Abu Dhabi, which is set to become home to Masdar, the world's first zero-carbon city, the International Renewable Energy Agency has expanded at a rapid pace, nearly doubling the number of signatory countries from 75 to 148 since its inception. The association has the potential to become a leading voice in deciding green energy policy worldwide.
Published By Datamonitor
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21 Jul 2010 |
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Expert View
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The Clean Development Mechanism - a framework designed to stimulate sustainable development projects in developing countries using predominantly EU funding - is to subsidize new coal-fired plants in India and China. This controversial decision raises serious concerns about the framework's environmental integrity and the legitimacy of its contributions to sustainable development.
Published By Datamonitor
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23 Jul 2010 |
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Expert View
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New UN figures show that, despite the global recession and lackluster climate change talks, 2009 saw more renewable power generation capacity installed than traditional fossil fuel capacity. Having already negotiated such a difficult period, fears that the clean energy investment bubble is about to burst are unfounded.
Published By Datamonitor
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23 Jul 2010 |
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